E*Trade, Las Vegas Sands, MEMC, Visa: U.S. Equity Movers

Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.

Makers of paper products declined. Box shipments in November increased at the slowest pace since January last month, while inventory surged, Barclays Plc said in a note, citing data from Fibre Box Association and the American Forest and Paper Association.

International Paper Co. (IP US) fell 3 percent to $25.75. Temple-Inland Inc. (TIN US) slipped 5.7 percent to $21.23. Domtar Corp. (UFS US) lost 5 percent to $77.65. MeadWestvaco Corp. (MWV US) declined 3.7 percent to $24.95.

On the first day of Trading:

FleetCor Technologies Inc. (FLT US) rallied 18 percent to $27.25. The charge-card provider backed by Summit Partners and Bain Capital LLC sold its $292 million initial public offering at the bottom of the [bn:WBTKR=WD:US] forecast range.

Walker & Dunlop Inc. [] (WD US) lost 1 percent to $9.90. The commercial real-estate lender sold 10 million shares at $10 each. RigNet Inc. (RNET US) added 4.6 percent to $12.55. The Houston-based provider of communication network infrastructure for the oil and gas industry sold $60 million of shares at $12 each. Gain Capital Holdings Inc. (GCAP US) slipped 1.7 percent to $8.85. The online provider of foreign-exchange trading services raised $81 million selling shares at $9 each.

Boston Beer Co. (SAM US) rose 12 percent to a record $94.97. The maker of Samuel Adams lager boosted its 2010 earnings forecast to at least $3.30 a share, 10 cents more than the average of analysts surveyed by Bloomberg. The company also said 2011 earnings will be $3.95 per share, before the impact of implementing its Freshest Beer Program.

Bsquare Corp. (BSQR US) jumped 15 percent to $7.97, the highest price since September 2003. The software developer said China Mobile Ltd. (CHL US), the country’s biggest mobile-phone company, will use its automated testing system.

Caterpillar Inc. (CAT US) rose 1.1 percent to $93.12, the second-biggest gain in the Dow Jones Industrial Average. The world’s biggest maker of construction equipment is poised to benefit from a global spending rebound and its focus on mining machines will help profit margins, RBC Capital Markets analyst Seth Weber said in a note after meeting with management. Weber increased the share-price estimate to $108 from $98.

Copart Inc. (CPRT US) rose 4.9 percent, the most since Sept. 24, to $36.95. The auctioneer of used and salvage cars began a tender offer for as much as $400 million of stock.

Cypress Bioscience Inc. (CYPB US) advanced 12 percent to $6.45 after jumping to $6.47 earlier, the highest price since November 2009. The maker of drugs for nervous system disorders agreed to be bought by Ramius LLC, after the investment adviser raised its offer to $6.50 a share.

E*Trade Financial Corp. (ETFC US) fell 3.7 percent, the most since Oct. 21, to $15.04. The fourth-largest U.S. retail brokerage by client assets said loan delinquencies increased from Sept. 30 to Nov. 30.

Invesco Mortgage Capital (IVR US) slipped 4.1 percent, the most since Sept. 28, to $22.51. The Atlanta-based real estate investment trust that focuses on mortgage-backed securities will sell 8.7 million shares in a public offering.

Joy Global Inc. (JOYG US) rose 6.9 percent to $85.78, the highest price since June 2008. The Milwaukee-based maker of mining equipment said it will earn $5 to $5.30 a share for fiscal 2011. Analysts surveyed by Bloomberg had estimated profit of $4.86 on average.

Las Vegas Sands Corp. (LVS US) fell 3.2 percent to $42.27, the lowest price since Oct. 27. Macau, where the U.S. casino company is expanding, will stop granting land for casino projects without public tenders, the Macau Daily Times said, citing Jaime Carion, director of the Land, Public Works and Transport Bureau.

MEMC Electronic Materials Inc. (WFR US) fell 4.6 percent to $11.18, the lowest price since Sept. 22. The maker of wafers for the semiconductor and solar industries said Mark Murphy, a former controller at Praxair Inc., will succeed Tim Oliver as chief financial officer effective Jan. 10.

Novartis AG (NVS US) rose 5.7 percent, the most since November 2008, to $58.99. The Swiss drugmaker said it will take full control of Alcon Inc. (ACL US), the world’s largest eye- care company, and start a share buyback program.

Ryder System Inc. (R US) climbed 4.8 percent to $49.28 for the biggest increase in the Standard & Poor’s 500 Index. The largest U.S. truck-leasing company was raised to “outperform” from “sector perform” at RBC Capital Markets. “The outlook for each of Ryder’s business units is much improved and the company should see material operating leverage as revenue growth accelerates,” analyst John Barnes wrote in a note.

St. Joe Co. (JOE US) rose the most in the Russell 1000 Index, gaining 9 percent to $19.41. A block trade of 1.52 million shares of the largest private landholder in northern Florida was executed at $18.85, according to Bloomberg data.

UnitedHealth Group Inc. (UNH US) fell 2.9 percent to $35.45 for its biggest decline since Nov. 15. The health insurer’s PacifiCare unit was ordered by the California insurance commissioner not to pay $120 million in dividends to two units of its parent company since the cash might be needed for penalty payments, the Los Angeles Times reported.

Visa Inc. (V US) and MasterCard Inc. (MA US) declined before a meeting tomorrow by the Federal Reserve Board, which may disclose proposed caps on debit-card transaction fees mandated by the Dodd-Frank financial-regulation overhaul.

Visa fell 4.6 percent to $76.94. MasterCard declined 1.9 percent to $249.22.

To contact the reporter on this story: Elizabeth Stanton in New York at estanton@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.

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